PNUT/USDT Analysis
PNUT/USDT Analysis
#PNUT The price is trading within a descending channel and approaching the strong support zone at $0.6169, which aligns with the 0.618 Fibonacci retracement level. The overall trend suggests a potential bullish reversal after breaking out of the descending channel, with targets reaching up to $3.0491 (300% gain).
First Target: $1.6034
Final Target: $3.0491
Stop Loss: Below $0.6225
#PNUT The price is trading within a descending channel and approaching the strong support zone at $0.6169, which aligns with the 0.618 Fibonacci retracement level. The overall trend suggests a potential bullish reversal after breaking out of the descending channel, with targets reaching up to $3.0491 (300% gain).
First Target: $1.6034
Final Target: $3.0491
Stop Loss: Below $0.6225
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